Legal Cases


KPMG and Barclays sued for ‘engineering’ administration of quarrying company

Quarrying company Portland Stone Holdings Limited is suing Barclays and KPMG for ‘engineering’ the administration of its subsidiary, Stone Firms Ltd, in 2010. The Portland Stone suppliers allege that ... Read More

Former HSBC Executive Found Guilty of Fraud in $3.5 Billion Currency Trade

A U.S. jury on Monday found former HSBC executive Mark Johnson guilty of defrauding Cairn Energy (CRNZF, +0.00%) in a $3.5 billion currency trade in 2011. U.S. prosecutors have ... Read More
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Lawyers Charged With Assisting a Microcap Fraud Scheme

The Securities and Exchange Commission today charged two lawyers it alleges helped facilitate a microcap fraud scheme involving undisclosed “blank check” companies secretly bound for reverse mergers. In complaints ... Read More

Twitter rival Gab sues Google

Gab, a Twitter rival popular with the Breitbart crowd, is suing Google. The lawsuit, filed in Pennsylvania federal court on Thursday, argues that Google violated antitrust laws when it ... Read More

Groups from EU member states to sue Volkswagen

Consumer organisations from four European countries are working together to demand compensation for people whose diesel cars, made by Volkswagen Group (VW), are equipped with an emissions cheating code ... Read More
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Former Tesco executives set to appear in court on fraud charges

Three former Tesco executives will appear in court, charged with fraud relating to the supermarket’s 2014 accounting scandal. The three men were charged by the Serious Fraud Office (SFO) ... Read More

Amazon hit with lawsuit over eclipse glasses

31/08/2017(0) (AMZN.O) has been hit with a proposed class action lawsuit by a couple who claims defective eclipse glasses purchased through the online retailer damaged their eyes. In the ... Read More

Samsung’s billionaire heir Lee Jae-yong jailed for corruption

A court in South Korea has sentenced Samsung’s billionaire heir-apparent Lee Jae-yong to five years in prison for corruption. Mr Lee was accused of bribery in a scandal that ... Read More

The European Central Bank faces a legal challenge

The European Central Bank may be violating laws on monetary financing in its 2.3 trillion euro ($2.7 trillion) asset purchase programme, Germany’s constitutional court said on Tuesday, and it ... Read More

Uber investor sues Uber’s former chief executive for fraud

Travis Kalanick, who built Uber into a transportation behemoth, was ousted as chief executive of the ride-hailing company in June by unhappy investors. Now, one of those investors has ... Read More
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